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Country Report

Butter and Margarine in

Butter and Spreads in Dominican Republic

Oct 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Some companies are expanding direct to consumer capabilities in 2020 to provide alternatives for consumers avoiding in-person shopping due to the pandemic

Sales of butter and spreads are set to continue recording positive growth rates in the Dominican Republic in 2020 as the demand for these products remained steady even throughout lockdown. During the review period butter and spreads were commonly used for cooking and baking activities, which supported their use during lockdown in 2020, although not boosting demand significantly since Dominicans were already accustomed to using these products at-home.

Domestic and international companies invest in initiatives to support consumers in the fight against the pandemic in 2020

To fight the spread of COVID-19 in the Dominican Republic, local and international companies are joining national initiatives to support consumers in the fight against the pandemic in 2020. Local leader in dairy products and milk, Pasteurizadora Rica SA, in combination with other institutions offered monetary contributions and medical supplies totalling DOP500 million as of April 2020.

Mercasid SA is set to continue leading butter and spreads in 2020

At the onset of the pandemic, leading local producer Mercasid SA donated DOP500,000 to aid in the fight against COVID-19. The donation will be used to buy protective equipment, medicine, rapid detection tests, food and cleaning products.

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Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Butter and Margarine industry in Dominican Republic with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Butter and Margarine industry in Dominican Republic, our research will save you time and money while empowering you to make informed, profitable decisions.

The Butter and Margarine in Dominican Republic market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Butter and Margarine in Dominican Republic?
What are the major brands in Dominican Republic?
Are consumers in emerging markets moving from unpackaged to packaged oils and fats?
What are the sales prospects for “healthy” cooking oils?
Will retail sales suffer as economic prospects improve and consumers move back to eating out rather than cooking at home?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our:

Packaged Food market research database.

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Butter and Spreads in Dominican Republic - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Some companies are expanding direct to consumer capabilities in 2020 to provide alternatives for consumers avoiding in-person shopping due to the pandemic

Domestic and international companies invest in initiatives to support consumers in the fight against the pandemic in 2020

Mercasid SA is set to continue leading butter and spreads in 2020

RECOVERY AND OPPORTUNITIES

New launches highlighting low salt and fat content expected to boost demand for butter over the forecast period

Use of butter in cooking and baking activities will underpin growth over the forecast period

Margarine may initially struggle to recover over the forecast period due to a reliance on the foodservice channel

CATEGORY DATA

Table 1 Sales of Butter and Spreads by Category: Volume 2015-2020
Table 2 Sales of Butter and Spreads by Category: Value 2015-2020
Table 3 Sales of Butter and Spreads by Category: % Volume Growth 2015-2020
Table 4 Sales of Butter and Spreads by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Butter and Spreads: % Value 2016-2020
Table 6 LBN Brand Shares of Butter and Spreads: % Value 2017-2020
Table 7 Distribution of Butter and Spreads by Format: % Value 2015-2020
Table 8 Forecast Sales of Butter and Spreads by Category: Volume 2020-2025
Table 9 Forecast Sales of Butter and Spreads by Category: Value 2020-2025
Table 10 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Butter and Spreads by Category: % Value Growth 2020-2025

Packaged Food in Dominican Republic - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Loss of tourism contributes to weaker performance of foodservice sales in 2020
Closure of foodservice outlets leads to oversupply of certain packaged food
Foodservice operators turn to the retail channel, mainly supermarkets and hypermarkets, to buy packaged food

Category Data

Table 12 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 13 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 14 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 15 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 16 Sales of Packaged Food by Category: Volume 2015-2020
Table 17 Sales of Packaged Food by Category: Value 2015-2020
Table 18 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 19 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 20 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 21 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 22 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 23 Penetration of Private Label by Category: % Value 2015-2020
Table 24 Distribution of Packaged Food by Format: % Value 2015-2020
Table 25 Distribution of Packaged Food by Format and Category: % Value 2020
Table 26 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 27 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 28 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 29 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

Megatrends

Country Report

Butter and Spreads in Dominican Republic

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Some companies are expanding direct to consumer capabilities in 2020 to provide alternatives for consumers avoiding in-person shopping due to the pandemic

Domestic and international companies invest in initiatives to support consumers in the fight against the pandemic in 2020

Mercasid SA is set to continue leading butter and spreads in 2020

Overview

Why buy this report?

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Overview

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Table of Contents

Butter and Spreads in Dominican Republic - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Some companies are expanding direct to consumer capabilities in 2020 to provide alternatives for consumers avoiding in-person shopping due to the pandemic

Domestic and international companies invest in initiatives to support consumers in the fight against the pandemic in 2020

Mercasid SA is set to continue leading butter and spreads in 2020

RECOVERY AND OPPORTUNITIES

New launches highlighting low salt and fat content expected to boost demand for butter over the forecast period

Use of butter in cooking and baking activities will underpin growth over the forecast period

Margarine may initially struggle to recover over the forecast period due to a reliance on the foodservice channel

CATEGORY DATA

Packaged Food in Dominican Republic - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Category Data

MARKET DATA

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

SOURCES

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